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jack, you're a little boring. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> you tweet a question and our traders have the answer. >> let's get to the first tweet. how do you recommend we trade financials and specific bank of america citigroup based on the potential for litigation? in lew of today's lawsuit what do you guys say? >> if you look at litigation costs, whatever the number is when they sell off i wouldn't be a buyer going into the election, after the buyer, whatever the costs are going to be perceived to be, it would be after the election. >> trade of the day go ahead. >> netflix all week. we
jack, you're a little boring. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ]...
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jack welch setting off a bit after firestorm this morning. shortly after the report, welch tweeted this out. unbelievable jobs numbers. he doesn't mean it in a positive way. he means it unbelievable. these chicago guys will do anything. can't debate so change numbers. a few moments later, hilda solis fired back. >> i'm very disappointed to hear that. we have a very professional service organization with top officials working in the bls. our most trained and skilled individuals. it is really ludicrous to hear that kind of statement. >> representative allan west is a florida republican and he says he agrees with mr. welch. congressman, good to see you. >> thank you very much. how are you all? >> what do you believe what mr. welch says and not what the secretary of labor says. >> it is not about believing what mr. search says. it is about studying the numbers. we continue to see these inconsistencies and revisions upwards and downwards. work force participation rate still remains at a 30-year low. when you compare this to the u6 computation whic
jack welch setting off a bit after firestorm this morning. shortly after the report, welch tweeted this out. unbelievable jobs numbers. he doesn't mean it in a positive way. he means it unbelievable. these chicago guys will do anything. can't debate so change numbers. a few moments later, hilda solis fired back. >> i'm very disappointed to hear that. we have a very professional service organization with top officials working in the bls. our most trained and skilled individuals. it is...
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good to see you, jack. thanks for joining us. >> good to see you. nice to be on. >> you know, when it comes to energy, i have to say we don't have an energy policy, unfortunately. what is the most pressing problem that needs to be fixed right now with america's energy situation in your view? >> well, i think there's three things any administration can do, whoever wins the election in the next few weeks. the first one is to approve the keystone exile pipeline. 20,000 new jobs brings more crude oil to the united states to be produced and used by americans. the second one is the administration could open up additional federal lands to bring more energy to the marketplace in job creating opportunities. the third one and perhaps equally important is to pull back on all the additional regulations that have been put throughout by the obama administration that are having a chilling effect on energy production in the united states. those three things alone would send signals to the marketplace. we're serious about our energy policy. even though congress does
good to see you, jack. thanks for joining us. >> good to see you. nice to be on. >> you know, when it comes to energy, i have to say we don't have an energy policy, unfortunately. what is the most pressing problem that needs to be fixed right now with america's energy situation in your view? >> well, i think there's three things any administration can do, whoever wins the election in the next few weeks. the first one is to approve the keystone exile pipeline. 20,000 new jobs...
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i love jack. i'm trying to reconcile jack with the numbers because i trust jack and think he's terrific. i come back and say listen, they've been wrong -- he's jack. i don't think that they're phony. it doesn't make me feel that jack is off the reservation so much that i think that this particular issue -- i disagree with him. i read the tweet and i was, darn, jack, come on, man. >> let's say good is good. >> does this mark the turning point and we had david come out this morning where he was establishing 1575 and that's quite an upside for 2013 particularly if he's standing by a year-end target of 1250. so between 1250 and 1575 by the end of 2013 that's spreng loaded to the upside. >> he must know how the fiscal cliff is resolving itself. do you remember that scene in "the wizard of oz" when they look through the crystal ball and they find out how to get to the promiseland. he's got the crystal ball. my hat's off to you. >> it's a great note. 1575, next year because congress, in his view evades t
i love jack. i'm trying to reconcile jack with the numbers because i trust jack and think he's terrific. i come back and say listen, they've been wrong -- he's jack. i don't think that they're phony. it doesn't make me feel that jack is off the reservation so much that i think that this particular issue -- i disagree with him. i read the tweet and i was, darn, jack, come on, man. >> let's say good is good. >> does this mark the turning point and we had david come out this morning...
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more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] finally getting some relief at the pump. los angeles wholesale gasoline falling 60 cents on governor brown's winter blend gasoline waiver. jane wells is in northridge, california. she'll explain what all that mean. a certain mandated blend accounted for 60 cents for the price of gas in california? >> reporter: well, how about that, michele? they are saying that california's case of bad gas may be coming to an end. while wholesale prices are supposed to come down, or have, retail prices haven't. i checked several retail stations i monitored on friday, the price of gas is exactly the same as on friday. aaa says the average price in los angeles of regular is $4.70, a record. this should start to change since the governor ordered a cheaper blend of gas to be sold here three weeks ahead of normal. >> this is a great step. it will allow refiners to produce 10% more gasoline, like adding another refinery
more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] finally getting some relief at the pump. los angeles wholesale gasoline falling 60 cents on governor brown's winter blend gasoline waiver. jane wells is in northridge, california. she'll explain what all that mean. a certain mandated blend accounted for 60 cents for the price of gas in california? >> reporter: well, how about...
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. >> reporter: jack ket is on because it's so bright out and i had a white shirt on. it's a magnificent day here. one of our hosts is kyle bass. thank you for having us, as always. >> sure. >> and you and i are going to start off where we start many of our interviews, mainly talking about debt balances throughout the world. deleveraging has been taking place around the world. in fact, you hear about it, the deleveraging the economy. that's not the case, right? >> we try to look at the world in its totality and when you look at on balance sheet corporate debt, they've grown from $80 trillion, 11% growth rate when you have a population growth of 1.2, realty gdp growth of 3.8 and debt growth of about 11. central bank balance sheet of 16. you can't just do this for very long. what you're seeing is leveraging on the government side. you're seeing central banks that are starting to do open-ended money printing. so it makes it difficult. >> you're looking now at the sort of further end of this chart. we didn't have it all in one. global oh population, real gdp, 10% global cr
. >> reporter: jack ket is on because it's so bright out and i had a white shirt on. it's a magnificent day here. one of our hosts is kyle bass. thank you for having us, as always. >> sure. >> and you and i are going to start off where we start many of our interviews, mainly talking about debt balances throughout the world. deleveraging has been taking place around the world. in fact, you hear about it, the deleveraging the economy. that's not the case, right? >> we try...
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i want to go to jack in pennsylvania. jack? >> caller: good afternoon, jim. this is jack from bucks county, pennsylvania, calling. i'm interested in wprt, westport innovations. i bought it maybe six months ago and have seen it go from approximately $18 to $50, back down to the high 20s or so. >> speculative situation. recommended today by a major firm. this is a company that makes natural gas engines for trucks and railroads. i believe in the company. but it's highly speculative. let's go to dino in florida. >> caller: this is dino from florida. >> what's shaking? let's go to work? >> caller: i've been watching your show for a long time and made a lot of money because of you. cisco was $17. if it goes to $19, pull the plug? >> two firms said this week the business is very strong. i think the stock can go to $21 and not have a valuation stretch. let's go to mike in pennsylvania. mike? >> caller: yes. >> you're up. >> caller: mike from philadelphia. >> huh? >> caller: i'm from drexel hill. >> you are? >> caller: i was just worried about dis? >> disney remains a
i want to go to jack in pennsylvania. jack? >> caller: good afternoon, jim. this is jack from bucks county, pennsylvania, calling. i'm interested in wprt, westport innovations. i bought it maybe six months ago and have seen it go from approximately $18 to $50, back down to the high 20s or so. >> speculative situation. recommended today by a major firm. this is a company that makes natural gas engines for trucks and railroads. i believe in the company. but it's highly speculative....
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here's what the former general electric ceo jack welch tweeted. unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change the numbers. >> plus, arizona senator and former republican candidate john mccain saying this on cnbc earlier today. >> i question exactly what those numbers are. our discussion about the w.a.r.n. act that just took place where they're in blatant violation of the law. i wouldn't put anything past this administration. >> by the way, the w.a.r.n. act he refers to requires businesses to tell employees about potential layoffs 60 days in advance. here with reangction, former lar secretary elaine chow. thanks very much for joining us. you were the labor secretary. you had the national butreau of labor statistics under you. what do you think about this possibility of a conspiracy? >> when i was at the department of labor, i think the bureau of labor statistics was very professional. they did a very good job. i don't know what's happening now. i can't speak to that. but the fact that this administration has delayed the issuance of t
here's what the former general electric ceo jack welch tweeted. unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change the numbers. >> plus, arizona senator and former republican candidate john mccain saying this on cnbc earlier today. >> i question exactly what those numbers are. our discussion about the w.a.r.n. act that just took place where they're in blatant violation of the law. i wouldn't put anything past this administration. >> by the...
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. >> the mcdonald's story got me thinking jack in the box. jack has been monster. jack. >> j.j.? >> if you are a believer that the economy's recovered home depot had a 52-week high. >> mcdonald's story got me thinking about eating a hamburger, but more importantly, talking about what's going on with russia,
. >> the mcdonald's story got me thinking jack in the box. jack has been monster. jack. >> j.j.? >> if you are a believer that the economy's recovered home depot had a 52-week high. >> mcdonald's story got me thinking about eating a hamburger, but more importantly, talking about what's going on with russia,
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i like jack in the box, qdoba and i like chico's. i don't like burger king. they can't get their fries right. >> they make great chicken sandwiches. >> they spray that smoky stuff, they actually don't bei don't like that char boiled, that faux -- >>> anyway greece making good promises to privatize state-runnent prizes. we'll talk to a ceo taking over a mall in the country's first privatization deal of the year. first becky has your top stories. >> new york attorney general is filing a civil fraud lawsuit over jpmorgan over mortgage backed securities packaged and sold by bear stearns. the action by eric schneiderman is the first to come out of a working group created by president obama to go after wrongdoing thatcrisis. this is jpmorgan of course. the bank says it will contest the allegation, similar cases against other banks are likely to follow but again something on the criminal prosecution at least did not succeed. also samsung's going to be allowed to sell its galaxy tablet 10.1 in the united states. courtroom removing a temporary sales ban on the device
i like jack in the box, qdoba and i like chico's. i don't like burger king. they can't get their fries right. >> they make great chicken sandwiches. >> they spray that smoky stuff, they actually don't bei don't like that char boiled, that faux -- >>> anyway greece making good promises to privatize state-runnent prizes. we'll talk to a ceo taking over a mall in the country's first privatization deal of the year. first becky has your top stories. >> new york attorney...
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more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. eering, mouse clicks ] >>> still to come on "squawk," what's brewing at starbucks, the high end coffee maker by the way also an advocate for jobs creation fits right into our jobs panel today. ceo howard schultz is here to talk about his efforts to keep america working. >>> at 8:40 eastern time the ceo of linkedin will join us to talk about how social media is playing an important role not only in getting joe up to speed with what's happening with the debate but also in connecting businesses with job seekers. some key ways to really get americans back to work. "squawk box" is coming right back after this break. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. ♪ [ male announcer ] how do y
more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. eering, mouse clicks ] >>> still to come on "squawk," what's brewing at starbucks, the high end coffee maker by the way also an advocate for jobs creation fits right into our jobs panel today. ceo howard schultz is here to talk about his efforts to keep america working. >>> at 8:40 eastern time the ceo of linkedin will join us to talk...
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jack, i know you were at medinah on saturday. were there a few kind of laggards golf european golf laggards running around this morning when you came into work? >> they were last night, i don't know about this morning. it was about 3:30 when i came in this morning. but 17 and 18 at medinah can turn any golf pro into a 25 handicap. i think we saw that yesterday. >> it was amazing. just two key gains i thought was the rose pi pivotal. >> i think the americans at that point pulled defeat out of the jaws of victory, but the europeans did play very well. >> talking about pulling -- we'll get on to the agenda in a second. we start the fourth quarter, the dow up 4%, nasdaq up 6, s&p 500 up a 5.7. where do people go now? >> i think we have to realize may is the only month where the market was lower. which tells me there are a lot of underperforming portfolio managers. there will be cash coming in to the market because a lot of managers are sitting on on on the sidelines waiting to put that money to work. this has all the ingredients, eve
jack, i know you were at medinah on saturday. were there a few kind of laggards golf european golf laggards running around this morning when you came into work? >> they were last night, i don't know about this morning. it was about 3:30 when i came in this morning. but 17 and 18 at medinah can turn any golf pro into a 25 handicap. i think we saw that yesterday. >> it was amazing. just two key gains i thought was the rose pi pivotal. >> i think the americans at that point...
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more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> i want to take you live to where mark zuckerberg is being interviewed live. yesterday prime minister medvedev trying to put more facebook infrastructure in that country. let's take a quick listen. >> it is frozen. >> i'm taking state against petersburg this weekend. >> zuckerberg looks dressed up compared to his interviewer. >> he did wear a suit and tie when he met medvedev. facebook and russia, 9 million users with a domestic copy of facebook called the vk. they come in second in that country. >> eventually they are -- >> i wish we knew what she was saying. >> i think he said we will bury you. >> tear down this pay wall, that kind of thing. >> yes! and mr. gorbachev teared down the pay wall! >>> when we come back, when it comes to tim cook's leadership, what would steve jobs think of thi
more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> i want to take you live to where mark zuckerberg is being interviewed live. yesterday prime minister medvedev trying to put more facebook infrastructure in that country. let's take a quick listen. >> it is...
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more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> good morning, and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick. our top story, the first presidential debate is tonight. this half-hour, we're going to have our own version of a debate. strategists from both sides of the aisle. those two gentlemen that you've seen on our show many times before. democrat jimmy williams is sitting right next to me, and republican joe watkins -- >> he's missing in action. >> you know what, he heard it was jimmy, he said i can't debate that guy. i can't. i'm going to fold like -- he's afraid. that happens. >> he shouldn't be. >> oh, here he comes! >> he's running. >> it's bad to run. >> you're out of breath. >> then you would have a chance. >> not if you run a lot. >> but then you would have a chance. sales at auto nation sa
more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> good morning, and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick. our top story, the first presidential debate is tonight. this half-hour, we're going to have our own...
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more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> here's something we don't often get to talk about on cnbc, european strengths. europe defeating the u.s. to retain the ryder cup. martin kaymer giving europe the 14th point it needed to retain possession of the cup. that brings us to this morning's "squawk on the tweet." complete the following sentence -- europe may take our ryder cup, but they'll never take our, blank? tweet us. we have a new twitter handl handle, @squawkstreet is the new twitter handle. they'll never take our? >> place of employment refs. >> wasn't it great to see great refs? >> the saints game, even some controversial calls still, although that's -- there's something more comfortable about it knowing it comes from a full-time ref. >> seriously. someone who's got skin in the game with a 401(k) coming -- the new guys. use the ford motor play, the gm union negotiation. the new guys come in, get shafted. the old guys do well. >>
more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> here's something we don't often get to talk about on cnbc, european strengths. europe defeating the u.s. to retain the ryder cup. martin kaymer giving europe the 14th point it needed to retain possession of the cup. that brings us to this morning's "squawk on the tweet." complete the following sentence --...
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apple picking, jack-o'-lanterns and the fourth quarter, and tonight, cramer is showing you how to get your portfolio set up to generate some holiday spending cash. >>> later, war on the web? the internet tech giants have been locked in a battle for search supremacy but is it finally time to say yes to yahoo! or should you search for a different stock? cramer decides. >>> plus, industrial strength? prologis is operating a portfolio of warehouses and commercial real estate around the world. tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on tweeter. have a question? tweet cramer or send him an e-mail or give us a call at 1800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> here's one area where playing football and managing money have a lot in common. we call it the check down. that's when the quarterback considers whom he should pass the ball to. checking down one receiver after another, find out who's open. who can score. and then hits him while he's un
apple picking, jack-o'-lanterns and the fourth quarter, and tonight, cramer is showing you how to get your portfolio set up to generate some holiday spending cash. >>> later, war on the web? the internet tech giants have been locked in a battle for search supremacy but is it finally time to say yes to yahoo! or should you search for a different stock? cramer decides. >>> plus, industrial strength? prologis is operating a portfolio of warehouses and commercial real estate...
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jack, you're a little boring. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> european markets are closing now. >> got the european close. as you can see markets all over europe closing largely in the red amidst some global growth concern ranging from
jack, you're a little boring. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ]...
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more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> if you have any comments or questions about anything you see here on "squawk" e-mail uus at squawk@cnbc.com. >>> up next, president obama taking heat for his perform absence in the wednesday night presidential debate. nbc's political director chuck todd will join us next. and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for real business. with the blackish-blue frame and th
more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> if you have any comments or questions about anything you see here on "squawk" e-mail uus at squawk@cnbc.com. >>> up next, president obama taking heat for his perform absence in the wednesday night presidential debate. nbc's political director chuck todd will join us next. and the world's only tridion...
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jack welsh says there's a problem with the voracity of these numbers. >> i think what we're seeing is just a reality from month to month. over time they tend to converge. in any one month, you do get differences. this month is one of them. >> are they open to manipulation? >> i don't buy the conspiracy theory. there are certain people at pimco who do. i respect their point of view. this is just what happens when you have two different ways of collecting data. >> 115,000 jobs is certainly nothing to get excited about. the number is anemic. certainly not a bullish call. >> if you're going to fake the number, you do it big. >> absolutely. that's why i don't buy into it. you're just picking up the issue. it's a key element for the market. so step back. why is the market not as enthusiastic as some people would like it? because it realizes that we need to pivot. so far we've had a correct rally based on chopping off the tails of catastrophe. between what the fed has been doing and what the ecb has been doing, that has reduced the tail risks in the short term. in order to keep going, we nee
jack welsh says there's a problem with the voracity of these numbers. >> i think what we're seeing is just a reality from month to month. over time they tend to converge. in any one month, you do get differences. this month is one of them. >> are they open to manipulation? >> i don't buy the conspiracy theory. there are certain people at pimco who do. i respect their point of view. this is just what happens when you have two different ways of collecting data. >> 115,000...
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apple picking, jack-o'-lanterns and tonight, cramer is showing you how to get your portfolio set up to generate some spending cash. >>> later, war on the web? the internet tech giants have been locked in a bat for search supremacy but is it finally time to say yes to yahoo! or should you search for a different stock? cramer decides. >>> plus, industrial strength? prolodge us is operating a portfolio of warehouses and commercial real estate around the world. tonight, cramer is talking to the ceo to get a real read on the economy, just ahead. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jim cramer at tweeter. have a question? send him a tweet or send him an e-mail or give us a call. 1800-743-cnbc. miss something? head to madmoney.cnbc.com. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly produci
apple picking, jack-o'-lanterns and tonight, cramer is showing you how to get your portfolio set up to generate some spending cash. >>> later, war on the web? the internet tech giants have been locked in a bat for search supremacy but is it finally time to say yes to yahoo! or should you search for a different stock? cramer decides. >>> plus, industrial strength? prolodge us is operating a portfolio of warehouses and commercial real estate around the world. tonight, cramer is...
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nces. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] ♪ [ male announcer ] the first look...is only the beginning. ♪ ♪ introducing a stunning work of technology. ♪ introducing the entirely new lexus es. and the first ever es hybrid. this is the pursuit of perfection. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> does netflix have a better business model than amazon? that's what investor whitney tillson told this conference today. he joins us now with more picks. good to see you hear. congratulations on another great event. have you 400 or so folks here and ackman and einhorn and you are the one that made big comments today. netflix
nces. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] ♪ [ male announcer ] the first look...is only the beginning. ♪ ♪ introducing a stunning work of technology. ♪ introducing the entirely new lexus es. and the first ever es hybrid. this is the pursuit of perfection. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the...
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more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for real business. >>> welcome back, everybody. you probably already know it by now but europe retained the ryder cup, they staged a big comeback after the u.s. began sunday with a huge lead as we headed into the final day of 12 singles matches. europe at this point has won the ryder cup five times in the last six matchups. >>> and the new york giants taking on the division rival the philadelphia eagles sunday night football after the giants give
more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's...
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especially jack welsh, former ge chairman took to twitter on friday sending a message to his 1.3 million followers suggesting the white house may have manipulated them for political gain. he said unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. obama administration says it's ludicrous, but he stood by the remarks when he appeared on the kudlow report friday night. >> today the president was out on the stump and he didn't talk about 600,000 government workers added in the last two months. the largest number since the study's been done since 1948. he didn't talk about what you just talked about, 600,000 temporary. he talked about 7.8 for ate hours today. okay? 7.8. let's talk about how we get the 7.8. this election is too important to let one number that might be corrected next month determine the drought cooutcome of the el. >> joining us is david sim mons and lena is still with us. either of you got any sympathy with that view? >> not particularly. they're not going to be swayed one way are on yor the other by politics. the two don't always
especially jack welsh, former ge chairman took to twitter on friday sending a message to his 1.3 million followers suggesting the white house may have manipulated them for political gain. he said unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. obama administration says it's ludicrous, but he stood by the remarks when he appeared on the kudlow report friday night. >> today the president was out on the stump and he didn't talk about 600,000...
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>> i think the jack welch stuff was crazy talk. and earlier in the year when you guys were down in washington on this, joe and i talked about it, there were between points that i would make. one, nobody messes or manipulates these numbers. but, took i think we exaggerate the importance of the numbers for this reason. the people who will vote on november the 6th know what they feel about the economy already. they're living it every day. so because there's a headline that says 7.8, it's a talking point, but they already know what their friends and neighbors are doing. >> when do we find out how romney is fun raising compared to that 180 million or whatever? >> i think if it was so par with obama's, we would have heard already. i think it's probably behind. >> you don't hear that that's unbecoming to have so much money to spend. just don't hear -- it's alway s the republicans. >> it's not decided by money. nice to have, but there is saturation information for the small number of swing voters. and even if obama beat romney by 20, 30 mi
>> i think the jack welch stuff was crazy talk. and earlier in the year when you guys were down in washington on this, joe and i talked about it, there were between points that i would make. one, nobody messes or manipulates these numbers. but, took i think we exaggerate the importance of the numbers for this reason. the people who will vote on november the 6th know what they feel about the economy already. they're living it every day. so because there's a headline that says 7.8, it's a...